BeeZee vs Hyperliquid

Hyperliquid (HYPE) is 166210.4× the size of BeeZee (BZE) by market capitalisation. Their daily returns move barely together (correlation 0.20 across 23 shared trading days). BZE has been the more volatile of the two, at 201% annualised against HYPE's 81%.

Correlation: 0.20
Size ratio: 1 : 166210.4

BeeZeeBZE

$0.000421

24h: +0.27%
Market cap: $118,957
Volume 24h: $153
Volatility (ann.): 201%

HyperliquidHYPE

$82.4400

24h: -4.57%
Market cap: $19.77B
Volume 24h: $1.25B
Volatility (ann.): 81%

BZE 0.0%Share of the two combined market caps100.0% HYPE

Performance

BZEHYPE

7 days-61.42%+3.87%HYPE
30 days-54.60%-11.01%HYPE
90 days—+45.28%—

Correlation

0.20over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	BZE	HYPE
Max drawdown (400d)	-66.2%	-18.9%
Risk-adjusted return (90d)	-0.27	0.56

Relative strength over 90 days: HYPE outperformed BZE by 56.4% — measured on the BZE/HYPE ratio, so it holds regardless of market direction.

BeeZee →Hyperliquid →